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U.S. wholesale prices post biggest drop in five years
The producer price index — which tracks inflation before it reaches consumers — dropped 0.5% last month from March, marking the first decline since October 2023 and the largest in five years. Compared with a year earlier, producer prices rose 2.4% in April, down from a 3.4% annual increase in March, the U.S. Labor Department said Thursday.
U.S. import prices unexpectedly rose in April as a surge in the cost of capital goods offset cheaper energy products.
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US Import Prices Fall In March 2025, Marking First Monthly Decline Since September 2024BLS stated that import fuel prices decreased 2.3% in March following increases of 1.6% in February and 2.7% in January. The decline marked the largest monthly drop since the index fell 7.2% in ...
US import/export prices rise in April on durable goods, despite lower energy costs. Tariffs signal potential inflation. Check ...
In the 12 months through March, core import prices rose 1.1%. Further increases are likely as the dollar has weakened considerably against the currencies of the United States' main trade ...
Oil rose on the prospect of a de-escalation in the trade war between the world’s two largest ... said the US would ramp up pressure on Iran. Crude has recovered from a sharp drop to near the ...
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Market jitters continued throughout the day as drastic new trade data and suspended guidance from several major companies did ...
U.S. consumer prices rebounded moderately in April as declining food costs partially offset rising rents, leading to the ...
Crude oil prices capped their worst monthly drop since ... worries that the US-China trade spat will hurt growth and, in turn, global oil demand. China is the world's largest crude oil ...
U.S. wholesale prices declined by 0.5% in April, marking the largest drop in five years and defying expectations amid ongoing ...
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